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Chapter 763 Issuing Treasury Bonds

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Some people may wonder why such advanced rail transit has not been passed down? Li Tai also conducted research on this.

Li Tai believed that the Qin Dynasty was a short-lived dynasty. Qin Shihuang unified the six kingdoms and fought for years. The turmoil at the end of the Qin Dynasty was also protracted. The people had almost never recovered, causing serious damage.

During the Han Dynasty, Emperor Jing of Wen was no longer able to equip his imperial cart with horses of the same color, and many generals could only ride ox carts. Due to the serious lack of horses, the road of galloping was naturally dismantled. The road of galloping without cars was running on it, and the existence of sleepers hindered traffic. Therefore, some of Qin Shihuang's "rail roads" were destroyed in the war, and most of the rest were also demolished after the war and became ordinary roads.

The Han Dynasty's economy only recovered a long time later, and it was governed by inaction for a long time, so there was no need to mobilize troops to rebuild the "track road". In addition, the Qin Dynasty's road was too wide, which was not conducive to maintenance. Many roads were reclaimed into arable land, narrowed, and even disappeared completely.

Also, the "rail routes" of the Qin Dynasty were obviously used for long-distance transportation, in order to rule the six countries. The Han Dynasty long-term enfeoffment of princes was used to build stability. Without the need for long-distance transportation, the transportation line became shorter, and the Chidao also lost the necessity of existence. The maintenance cost of Chidao was very high, and when the necessity was lost, it was naturally abandoned.

After all, it's just the word money.

Qin Shihuang could build a road, but it was not because the Qin Dynasty was so rich. Instead, Qin destroyed the six kingdoms, gathered the wealth of the six kingdoms, and became a nouveau riche. During the decades when he was emperor, he was not short of money. After his death, Qin Ershi was incompetent and had almost spent his foundation, so he naturally couldn't maintain it.

What Li Shimin was worried about was almost the same. He had some money now, and this money was the amount of money that Li Mu had snatched back from Gaochang. Li Shimin had already planned it. Isn’t this the Dongcheng Arsenal had basically been completed, and he wanted to allocate the money to build cavalry equipment. The money was not enough to make armor, but it was a big improvement to build thousands of horse spears.

However, if it is used on the road of cultivation, the only part of Chang'an to Luoyang will cost twice the amount of money. If the money is thrown in, it will not even be a splash, and at most it will be a starting capital. Li Shimin is worried that the subsequent financial resources will not be able to keep up, and by then half of the repairs will be a waste of money.

Also, there must be horses in Chidao. With the premise of not excessive horsepower and a certain load, the horses must be allowed to rest for about a hundred miles. Chang'an is about seven hundred and eighty miles away from Luoyang. In other words, it is reasonable to set up eight stations. How many horses do you get from eight stations? Stations, stables, and cargo warehouses, which one is not money?

Just thinking about this investment, Li Shimin was very imaginary. He and Li Mu studied money. He had a feeling that although Li Mu could make money for him, he seemed to be able to spend money better. Every time he had some money in his hands and wanted to build his own cavalry, Li Mu could always come up with a way to spend the money.

"Li Mu," Li Shimin finally couldn't help it and said, "I have a saying that I have been holding in my heart for a long time. I have to say it today."

Li Mu raised his head, blinked his eyes, and said, "Why do you keep your words in your hands? I will listen to the sage."

"Okay, put away your face." Li Shimin glared at Li Mu in disgust and said, "I want to talk about this money. I suddenly feel that it is true. I can't have some money in my hands. As long as I have some spare money and want to start building cavalry, you can always find some place for me to spend money."

"Your Majesty, I can—"

"Don't talk!" Li Shimin interrupted Li Mu's defense and said, "You always tell me that the greater the investment, the greater the reward. Yes, you are right, I have indeed seen the reward, but Li Mu. My cavalry has not seen any shadow yet. Do you think this is the case? There are rewards, but you have asked you to do something else. Where did I get my reward? I originally wanted to get some money and get a decent cavalry out. Now, what about the cavalry? There are no horses, no weapons, and no armor. Where are the cavalry?"

Li Mu was choked, and it seemed that this was really the case. The ten thousand cavalry that Li Shimin was thinking about had nothing to do. He prepared money for cavalry, either invested in the construction of arsenal or spent on repairing the lanes in Chang'an City. He still had no money to do so.

Li Mu grinned and said, "Your Majesty, this is not what you said. Although you didn't see the cavalry, you saw the prosperous Tang Dynasty. The country is as solid as a soil. What are you so anxious to do with cavalry? Cavalry requires money. And it is not a one-time money. Every year, you spend money on raising soldiers and horses. One consumption will cost you a lifetime of loss of money. But the money spent on people's livelihood is worthy. For example, after this road was built, there was no worry about food loss in Chang'an City. The two places had close contacts, and merchants were everywhere. Just taxes were ruthless. Your Majesty, you have to look forward, not just in front of you!"

"That's great," Li Shimin couldn't help clapping his hands. As soon as a smile appeared on Li Mu's face, he spread his hands again: "But where is my cavalry? I just want a decent cavalry!"

Li Mu sighed: "Your Majesty, you are just arguing. The country is yours, not mine. I will help you with your ideas and help you do things. You only focus on the cavalry. What's the use of cavalry? Can it fill the people's stomachs?"

"But if there are no cavalry and the deterrence is insufficient, the barbarians will spy on the Central Plains. By then, the lives of the people will be unsafe. Is it important to fill their stomachs?"

"Your Majesty, if you say that!" Li Mu's temper also came up. He threw the pen in his hand and sat on the ground: "Then I don't care. Well, whether to cultivate the road or not is not against Luoyang. The one who is poor is Chang'an, not Luoyang. My Luoyang City is the hinterland of the Central Plains, with all the connections and smooth water and land. With my methods, it will take less than three years to use, and it will be twice as good as Chang'an City. The ugly saying goes, Your Majesty, you will ask me for money at that time, but I don't have it!"

Li Shimin glared: "What, are you settled the score with me? The whole world belongs to me. Can I ask you for money?"

"Your Majesty!" Li Mu stammered his neck and argued with Li Shimin: "Can you tell me clearly what central finance is and what local finance is?" As soon as he said that, Li Mu regretted it. He said this as if he was fartful. Li Shimin is not a time traveler, so he could tell it was a ghost.

Li Mu took a deep breath and explained patiently: "Your Majesty, the so-called central finance is the part that each place pays to the court, such as taxes, mineral income, etc., and local finance is the income of one prefecture and one county. There are poor counties and rich counties in the world, why are there rich and poor? It means that the production of different places is different, the value is different, and even the ability to manage affairs is different. I am not boasting, and one of them is counted as one of them, and I am not my opponent in making money. When I take charge of Luoyang in the future, I will naturally have to give Luoyang the priority. In addition to the part that I pay to the court according to the rules, the remaining money must be kept for Luoyang. At that time, the money cannot be taken out of my pocket like Your Majesty before. I have to ask whether the hundreds of thousands of people in Luoyang agree or not. Your Majesty is the emperor, so you can't rob it, right?"

"You--" Li Shimin was choked by Li Mu. There was nothing wrong with what Li Mu said. Letting him take charge of Luoyang was what Li Shimin said in person. He focused on developing Luoyang, which is the only meaning in the question. Li Mu could not let "be in Cao's camp and his heart is in Han". If you make money in Luoyang, you should ship it to Chang'an.

"Luoyang and Chang'an are both cities of the Tang Dynasty. What do you know how to distinguish them?"

Li Mu smiled, asked without answering a question, and said, "The inner treasury and the national treasury are also His Majesty's treasury. Why doesn't His Majesty move all the money from the inner treasury to the national treasury?"

"I'm because--" Li Shimin was choked again, and his mouth twitched in anger. What a bastard, all the money in the inner treasury was moved to the treasury? Then, I have to buy some rouge for my concubines in the future, and I have to withdraw it from the treasury? Then, if I spend more or less, I have to let the people in the Censorate live a life of life?

"I'm too lazy to pay attention to you!" Li Shimin shook his sleeves and stood up, turned his back and said with a straight face: "I can pay this money, but the cavalry can't drag it down. Either you arrange the money for repairing Chidao, or you arrange the money for building a horse lance. What should you do? Anyway, things can't be delayed!"

"Your Majesty, you are cheating. Even if I have the ability, I can't convert the money out of thin air!"

"You think of a way yourself, I'll leave it to you!" After Li Shimin finished speaking, he was about to drive Li Mu away, but he felt something was wrong, as if he was too scoundrel, so he said, "What do you want to do, I will cooperate with you, but my cavalry can't be dragged down any more."

"for--"

"Don't ask, I have my own use!" Li Shimin interrupted Li Mu, waved his hand, Eunuch Gao came over and said with a smile: "Marty, Your Majesty is tired, please do you?"

What else could Li Mu say? He sighed and bowed and left. Li Shimin watched Li Mu walk away through the glass window, feeling a little overwhelmed and ashamed. When Eunuch Gao sent Li Mu back, he asked, "Didn't that kid mutter?"

Eunuch Gao shook his head and said, "No, the Marquis not only did not mutter, but he looked quite happy,"

"Very happy?" Li Shimin didn't understand and said strangely: "What's he happy about? Could it be that this kid was driven crazy by me?"

"I don't know either, I just heard from the Marquis that this big deal is not done by His Majesty. Some of them are done by others, so it's just right for him to give favors."

Li Shimin frowned: "He said this? Am I wrong? Go and chase him-"

Eunuch Gao turned around and wanted to get rid of it, but was stopped by Li Shimin again.

After sitting there and pondering for a while, Li Shimin said again: "Forget it, I really can't guess what he would do. If he said this on purpose and wanted me to call him back, I would be fooled by him. No matter, no matter, as long as I do the matter for me, he can do whatever he wants!"

Eunuch Gao held back and didn't laugh, and bowed and retreated.

Li Shimin knocked on the table and was still guessing what Li Mu wanted to do so that he could spend a portion of money and get both things done. No matter how he thought about it, it was impossible, unless Li Mu could really make money.

"Then he is a god--" Li Shimin laughed silently. Although Li Mu was all kinds of magic, he was a human being after all, so how could he be a god?

Something is nothing!

...

"Sell newspapers, sell newspapers! The first project in the fifth year of Zhenguan in the Tang Dynasty, the Changluo Chidao project was officially launched. Relevant treasury bonds are issued today, with limited time and quantity. If you want to buy them quickly, the return rate is high. If you want to know the details, come to the "Datang Daily"!" "Don't you know treasury bonds? Treasury bonds are..." "Don't you know treasury bonds? Treasury bonds are..."

"Have you heard that? I'm going to issue national debt!"

"What is a national debt?"

"Don't you know about the national debt? The national debt is..."

Overnight, the streets and alleys of Chang'an City talked about the news of "chidao", "national debt", return rate, and rush-up purchase, which became popular words. After sitting and pondering for a while, Li Shimin said again: "Forget it, I really can't guess what he would do. If he said this on purpose and wanted me to call him back, I would be fooled by him. No matter, no matter, as long as he did the matter for me, he would do whatever he wanted!"

Eunuch Gao held back and didn't laugh, and bowed and retreated.

Li Shimin knocked on the table and was still guessing what Li Mu wanted to do so that he could spend a portion of money and get both things done. No matter how he thought about it, it was impossible, unless Li Mu could really make money.

"Then he is a god--" Li Shimin laughed silently. Although Li Mu was all kinds of magic, he was a human being after all, so how could he be a god?

Something is nothing!

...

"Sell newspapers, sell newspapers! The first project in the fifth year of Zhenguan in the Tang Dynasty, the Changluo Chidao project was officially launched, and the relevant treasury bonds are issued today, with limited time and quantity. If you want to buy them quickly, the return rate is high. If you want to know more, come to the "Datang Daily"!"

"Have you heard that? I'm going to issue national debt!"

"What is a national debt?"

"Don't you know the treasury bond? The treasury bond is..." "Don't you know the treasury bond? The treasury bond is..." "Don't you know the treasury bond? The treasury bond is..."

"Then he is a god--" Li Shimin laughed silently. Although Li Mu was all kinds of magic, he was a human being after all, so how could he be a god?

Something is nothing!

...

"Sell newspapers, sell newspapers! The first project in the fifth year of Zhenguan in the Tang Dynasty, the Changluo Chidao project was officially launched, and the relevant treasury bonds are issued today, with limited time and quantity. If you want to buy them quickly, the return rate is high. If you want to know more, come to the "Datang Daily"!"

"Have you heard that? I'm going to issue national debt!"

"What is a national debt?"

"Don't you know about the national debt? The national debt is..."

Overnight, the streets and alleys of Chang'an City talked about the news of "Chidao", "Treasury bond", the return rate, the rush to buy and other words, and became popular words. Overnight, the streets and alleys of Chang'an City talked about the news of "Chidao", "Treasury bond", the return rate, the rush to buy @B
Chapter completed!
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